Orkla ASA: Competition authorities have approved the Sapa transaction

Hydro's acquisition of Orkla's 50% interest in Sapa has received pre-closing competition approvals in all required jurisdictions. Consequently, Hydro and Orkla expect to close the transaction on or about October 2, 2017.

Orkla ASA
Oslo, 26 September 2017

Ref.:

SVP Investor Relations
Mattias Orrenius
Tel.: +47 983 66 334
E-mail: mattias.orrenius@orkla.no

Group Director Corporate Communications and Corporate Affairs
Håkon Mageli
Tel.: +47 928 45 828
E-mail: hakon.mageli@orkla.no

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.